Why is Tirupati Sarjan falling/rising?
As of 05-Sep, Tirupati Sarjan Ltd's stock price is at 13.20, having risen 0.46% recently, but it has a year-to-date return of -31.29% and has underperformed the BSE500 over the last year. The stock shows short-term gains but faces long-term challenges due to high debt levels and weak fundamentals.
As of 05-Sep, Tirupati Sarjan Ltd's stock price is currently at 13.20, reflecting a rise of 0.06 or 0.46%. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 12.53% during this period. It has outperformed its sector by 1.13% today. However, despite this recent performance, the stock has a year-to-date return of -31.29% and has underperformed the BSE500 over the last year, indicating a challenging longer-term outlook. The company's return on capital employed (ROCE) stands at 8.4, which is attractive, but it also has a high debt-to-EBITDA ratio of 4.42, suggesting difficulties in servicing debt. Broader Market Context: In the short term, Tirupati Sarjan's stock has outperformed the Sensex, which has only increased by 1.13% over the past week, while Tirupati Sarjan has seen a significant rise of 9.91%. However, the stock's long-term performance remains concerning, with a -29.60% return over the past year compared to a slight decline of -1.81% for the Sensex. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence, particularly given its weak long-term fundamentals and recent negative financial results.
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